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The following information is from the records of Chumney Pho…

The following information is from the records of Chumney Photography: Accounts Receivable, December 31, 2019                                           $22,000 (debit)Allowance for Bad Debts, December 31, 2019 prior to adjustment         800 (debit)Net credit sales for 2019                                                                          95,000Accounts written off as uncollectible during 2019                                     450 Bad debts expense is estimated by the aging-of-receivables method. Management estimates that $2,850 of accounts receivable will be uncollectible. Calculate the amount of net accounts receivable after the adjustment for bad debts. (Hint: You have the balance of the Account Receivable at the end of year and you have the target in the Allowance account))  A) $19,950B) $19,150C) $18,350D) $17,900

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Berro Musical Instruments, merchandisers of musical instrume…

Berro Musical Instruments, merchandisers of musical instruments, has provided the following details: Mar. 5    Inventory purchased on account    $800,000Mar. 8    Freight in    30,000Mar. 13    Purchase returns    60,000Mar. 14    Allowances by vendor    10,000Mar. 20    Payment made to vendor for the purchases of March 5 ? Credit terms are: 4/20, n/45, FOB shipping point. Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month.  Assume that the perpetual inventory system is used. (Hint: no discount can be taken on the freight, returns or the allowance)A) $790,000B) $729,600C) $730,000D) $730,800

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 Which of the following items would require an adjusting ent…

 Which of the following items would require an adjusting entry after preparation of the bank reconciliation?A) errors made by the bank revealed by the bank reconciliationB) all items on the bank’s sideC) errors made on the books revealed by the bank reconciliationD) outstanding checks

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Emotional reappraisal involves changing the way you think ab…

Emotional reappraisal involves changing the way you think about the situation that gave rise to the negative emotion so that the effect of the emotion is reduced. In simpler terms, emotional reappraisal means changing how you look at a situation that made you feel bad, so that the negative feelings aren’t as strong. 

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Sarah feels angry when her friend cancels their plans but th…

Sarah feels angry when her friend cancels their plans but then feels guilty for being upset. Her guilt is an example of:

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In general, researchers believe that women are socialized to…

In general, researchers believe that women are socialized to practice expressive talk, which means they are taught to view communication as the primary way to establish closeness and intimacy in relationships. In contrast, men are taught to practice instrumental talk, or to see communication as a means to solve problems and accomplish tasks. 

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Self-monitoring describes the process of paying close attent…

Self-monitoring describes the process of paying close attention to one’s own behavior and using these observations to shape the way one behaves. 

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The benefits of self-disclosure include (select all that app…

The benefits of self-disclosure include (select all that apply):

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A culture in which verbal communication is often ambiguous,…

A culture in which verbal communication is often ambiguous, and meaning is drawn from contextual cues, such as facial expressions and tone of voice, is referred to as a high-context culture.

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Emotions are the body’s multidimensional response to any eve…

Emotions are the body’s multidimensional response to any event that enhances or inhibits one’s goals.

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